Ather Energy IPO Date, Review, Price, Allotment Details

Ather Energy IPO open date is 2025 and the IPO will close on 2025. Ather Energy IPO is a Book Built Issue. The company to raise around ₹[.] crores via IPO that comprises fresh issue of ₹3,100.00 crores and offer for sale up to [.] equity shares with face value of ₹1 each.

Ather Energy IPO price band is ₹[.] to ₹[.] per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Ather Energy IPO to list on BSE, NSE on 2025. The allotment of Ather Energy IPO date is 2025.

The company reported revenue of ₹1,789.1 crores in 2024 against ₹1,801.8 crore in 2023. The company reported loss of ₹8,63.9 crores in 2024 against loss of ₹1,062.3 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Ather Energy IPO Details

IPO Open Date:2025
IPO Close Date:2025
Face Value:₹1 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
Issue Size:Approx ₹[.] Crores
Fresh Issue:Approx ₹3,100 Crores
Offer for Sale:Approx [.] Equity Shares
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 10%
QIB Quota:Not more than 75%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Ather Energy IPO Market Lot

The Ather Energy IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.

ApplicationLot SizeSharesAmount
Retail Minimum1₹-
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-

Ather Energy IPO Dates

The Ather Energy IPO date is 2025 and the close date is 2025. The Ather Energy IPO allotment will be finalized on 2025 and the IPO listing on 2025.

IPO Open Date:2025
IPO Close Date:2025
Basis of Allotment:2025
Refunds:2025
Credit to Demat Account:2025
IPO Listing Date:2025

Promoters of Ather Energy IPO

The promoters of the company are Tarun Sanjay Mehta, Swapnil Babanlal Jain And Hero Motocorp Limited.

About Ather Energy IPO

Ather Energy is a top player in India’s electric two-wheeler (E2W) market. The company creates electric scooters, battery packs, charging stations, and related software and accessories. It’s known for its innovation and leadership in electric mobility. It has a business of designing battery packs, charging infrastructure, associated software, and accessories. Ather is an all-electric vehicle company that designs all its products in India, showing its focus on local innovation and sustainability they have a focus on manufacturing battery packs and assembling E2Ws in-house and it ensures focus on quality and creativity. It is the first firm to sell two-wheeler (2W) OEM in India to establish a fast-charging network, branded as the Ather Grid and till now it has sold 1,09,577.

Ather Energy IPO Company Financial Report

The company reported revenue of ₹1,789.1 crores in 2024 against ₹1,801.8 crore in 2023. The company reported loss of ₹8,63.9 crores in 2024 against loss of ₹1,062.3 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹413.8₹757.9₹344.6₹818.6
2023₹1,801.8₹2,666.3₹863.9₹1,976.8
2024₹1,789.1₹2,674.2₹1,062.3₹1,913.5

Ather Energy IPO Valuation – FY2024

Check Ather Energy IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:1.83%
ROCE:-118.68%
EBITDA Margin:-36%
PAT Margin:-59%
Debt to equity ratio:0.88
Earning Per Share (EPS):₹47 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):-194%
Net Asset Value (NAV):₹24

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Hero MotoCorp Limited1873021%88437,788.6 Cr.
Bajaj Auto Limited2734029%93544,870.4 Cr.
Ola Electric Mobility Limited(4)NA(78%)65,009.8 Cr.
TVS Motors Limited367826%14339,144.7 Cr.
Eicher Motors Limited1463322%65716,535.8 Cr.

Objects of the Issue

  • Capital expenditure to be incurred by our Company for establishment of an E2W factory in Maharashtra, India;
  • Repayment/ pre-payment, in full or part, of certain borrowings availed by our Company;
  • Investment in research and development;
  • Expenditure towards marketing initiatives; and
  • General corporate purposes

Ather Energy IPO Review

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  • Capital Market –
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  • Choice Broking –

Ather Energy IPO Registrar

Link Intime India Private Limited
Phone: +91 81 0811 4949
E-mail: atherenergy.ipo@linkintime.co.in
Website: https://www.linkintime.co.in/Initial_Offer/public-issues.html

IPO Lead Managers aka Merchant Bankers

  • Axis Capital Limited
  • HSBC Securities and Capital Markets (India) Private Limited
  • JM Financial Limited
  • Nomura Financial Advisory and Securities (India) Private Limited

Company Address

Ather Energy Limited
3rd Floor, Tower D, IBC Knowledge Park,
#4/1 Bannerghatta Main Road,
Bangalore 560 029,
Karnataka, India
Phone: +91 80 6646 5750
Email: cs@atherenergy.com
Website: www.atherenergy.com

Ather Energy IPO FAQs

What is Ather Energy IPO?

Ather Energy IPO is a Mainboard IPO. The company is going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] per equity share. The IPO is to be listed on BSE & NSE.

When Ather Energy IPO will open for subscription?

The IPO is to open on 2025 for QIB, NII, and Retail Investors. The IPO will close on 2025.

What is Ather Energy IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Ather Energy IPO?

You can apply for Ather Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Ather Energy IPO Issue Size?

Ather Energy IPO issue size is ₹[.] crores.

What is Ather Energy IPO Price Band?

Ather Energy IPO Price Band is ₹[.] to ₹[.].

What is Ather Energy IPO Lot Size?

The minimum bid is [.] Shares with ₹[.] amount.

What is the Ather Energy IPO Allotment Date?

Ather Energy IPO allotment date is 2025.

What is the Ather Energy IPO Listing Date?

Ather Energy IPO listing date is 2025. The IPO is to list on BSE & NSE.

Note: The Ather Energy IPO price band and date are officially announced. The (Ather Energy IPO grey market premium) will be added to the IPO GMP page as it will start).
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